Western Digital Q2 Results Top Estimates

(RTTNews) - Western Digital Corp. (WDC) reported net income for the second quarter of $460 million or $1.93 per share, compared to $430 million or $1.77 per share for the year-ago quarter.

Excluding items, adjusted net income for the second quarter was $539 million or $2.26 per share, compared to $532 million or $2.19 per share in the prior year quarter.

Revenue for the second quarter fell to $3.88 billion from $3.97 billion a year ago.

Analysts polled by Thomson Reuters expected the company to earn $2.10 per share on revenue of $3.84 billion for the second quarter. Analysts' estimates typically exclude special items.